Hi Guys,
When daytrading Ethereum, do you think a profit of 5% will be possible?
What's the maximum percencentage per day in terms of profit?
More than 5%?
Love to see your opinions.
Cheers
Well, for me day trading is difficult since you are needed to check the price I think in seconds to minutes, hours is good too. It's hard that's why there are many day traders quit this kind of way. I think minimum 2% if you use to choose a long term coin that's what I predict. More than 5% if the coins is really good, or the market is very good just like mountains market.
We are are the same mate, for me trading is so difficult to fine some good coins that high volatility to fluctuate fast, only ethereum and bitcoin i think. And also you need to check daily the market price for checking the price movement, it so stressful i think just to earn 5% or more with in a single day. Just like what happen now the crypto market was bloody bath all price are down it's hard i think to got 5% profit daily.
Good thing is long term investment i guess in ethereum.